Refinery expansions: When should they stop?

Mar 26:
When exactly is the demand for petrol and diesel going to slow down and eventually decline following the advent of the electric vehicle?8Its inevitability is no longer in question, what is in question is when.8Find out why the data on the decline in demand varies so widely. 8Also know more about why all of these projections can be wide off the market. EV adoption rates have been slower than people expected, but the wildcard for that is, what happens when a government dictates that you have to buy EVs?8What really is a realistic assumption that a refinery needs to take cognizance of?8Till when will new refinery capacity expansions going to take place before they stop?8Are there lessons here for Indian refiners?Click on Reports for more